August 2023
Intermediate to advanced
818 pages
28h 27m
English
Content preview from International Corporate Governance, 3rd Edition
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CASE STUDY 13Apple
The interplay between global economic forces and local circumstances poses a number of challenges for economic and employment security, and for business accountability, transparency and integrity (Roh, Hong, and Min 2014). Multinational corporations benefit from outsourcing parts of their operations to low-wage countries: it keeps production costs low, and allows greater profit margins. Disaggregation of the global value chain enables the retention of the most profitable activities including design, finance, marketing, and sales in the home country, while the labour intensive less profitable activities are distributed to contractors in developing countries, where wages and conditions are often ...
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